CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 29/07/2021

Fundamental analysis

29 July, 2021

The EUR/USD increased on Thursday. It is currently 1.1873. The dollar has been falling against a basket of other currencies after the Fed announced no change to its rate policy or on tapering at its meeting yesterday. The United States will report GDP for Q2 data this afternoon and Initial Jobless Claims data, both at 13:30 GMT+1. German unemployment figures for July this morning came in better than expected. The ECB will publish its monetary meeting minutes early this afternoon at 12:30 GMT+1.

Technical analysis

Euro - Dollar Analysis Technical analysis 29/07/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/07/2021

Support & Resistance Level Explanation
Resistance 2 1.1918 Daily R2
Resistance 1 1.1900 Daily R1
Support 1 1.1855 Daily S1
Support 2 1.1832 Daily S2

EURUSD Indicator Table - 29/07/2021

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

EURUSD Indicator / Period Table - 29/07/2021

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Buy SellNeutral
SMA 20 Buy SellBuy

EURUSD 29/07/2021 - Reference Price : 1.1874

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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Euro - US Dollar Chart
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